As of December 31, 2022, the company owned 373 shopping centers containing 66 million square feet of retail space.
[1] In late 2003, Centro Properties Group, an Australian shopping center firm, and American-based Watt Commercial Realty formed Centro Watt, a joint venture, and acquired 14 shopping centers in California for $488 million.
[3] In May 2006, Sydney-based Westfield Group sold seven shopping centers to Centro Watt.
[6][7][8] In 2012, the company hired Madison Marquette to manage 7 centers that were acquired from Westfield Group.
[10][11] In April 2016, president and CEO Michael Carroll, CFO Michael Pappagallo, and chief accounting officer Steven Splain resigned after an accounting scandal.